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Author Das, Arindam, author

Title Vedanta Ltd. : attempts to go private / Arindam Das (T A Pai Management Institute, Manipal Academy of Higher Education, Manipal, India) and Sumantra Guha (Institute for Financial Management and Research, Chennai, India)
Published Bingley, U.K. : Emerald Publishing Limited, 2022
©2022

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Description 1 online resource (37 pages)
Series Emerald emerging markets case studies
Notes Learning outcomes: On completion of analysis of this case, students would be able to: appreciate the context of a typical delisting decision of a public company that is part of a large business group; analyze the complex nature of the relationships among the promoter shareholders, minority shareholders, government-controlled financial institutions, independent directors and executive directors in such a situation of transfer of value; and develop the best possible course of action for the promoters, independent directors and public shareholders, keeping into consideration the principles of corporate governance and the objective of shareholders' wealth maximization
Case overview/synopsis: The case presents an opportunity to examine the corporate restructuring and governance issues associated with the delisting attempt of India-based mining company Vedanta Ltd., by its London-based parent company, Vedanta Resources. The case focuses on the conflict of interests between the promoters of a business group and the public shareholders of a subsidiary, and the pivotal roles independent directors and proxy advisory firms play in supporting the public shareholders
Complexity academic level: The case can be discussed in a graduate-level corporate strategy course that deals with restructuring and governance issues in companies, especially large group companies. It can also be discussed in a course of corporate governance where students have the opportunity to understand the potential conflict between promoters and other shareholders, and the moderating roles the independent directors and institutions may play in resolving such conflicts
Supplementary materials: Teaching notes are available for educators only
Subject code: CSS 11: Strategy
Includes index
Bibliography Includes bibliographical references
Notes Print version record
Subject Corporate governance -- Case studies
Private companies -- Case studies
Corporations -- Investor relations -- Case studies
Business & Economics -- Corporate Governance.
Corporate governance.
Form Electronic book
Author Guha, Sumantra, author